Marketplace Morning Report for Wednesday, June 18, 2008

Episode Description 
Marketplace Morning Report for Wednesday, June 18, 2008

Pfizer entering deal for generic Lipitor

Lipitor is the world's best-selling drug, but Pfizer, the maker of the cholesterol medication, has a strong patent protecting it against generics. A new agreement will change that in a few years. Janet Babin reports.
Posted In: Health

Floods push corn prices to record

Midwest floods and persistent rains have washed away some corn crops, pushing prices to record highs. Jeff Tyler looks into how much ethanol has been affected and who might be hurt the most at the bottom line.

Thoughts on the mortgage meltdown

About a month after John Stumpf took the top spot at Wells Fargo the company stopped giving mortgages to people with bad credit. In our latest Conversations From the Corner Office, Kai Ryssdal gets his thoughts on how the mortgage meltdown will play out.
Posted In: Economy

Execs see U.S. getting more competitive

A survey of North American manufacturing execs found they're optimistic U.S. companies can make gains against international competitors. John Dimsdale reports on the factors that may now be in American manufacturers' favor.
Posted In: Economy, Jobs

U.S. regulators eye overseas oil trading

The agency that regulates oil trading in the United States wants to impose its rules on the oil market in London to reduce wild speculation. Marketplace's Stephen Beard talks with host Scott Jagow about whether the action can succeed.
Posted In: Economy

Give credit the credit it's due

It's hard not to have a credit card or rely on loans these days, and some critics don't like our reliance on them. But commentator Will Wilkinson says saving and borrowing is part of transferring from one stage of life to another.

Building on the principles of green

Abu Dhabi and Greensburg, Kansas may not seem to have a lot in common, but both cities are spearheading green development projects. Sarah Gardner reports on their separate plans for a similar goal.

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